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Why Amazon, MercadoLibre, and Roku Stocks Moved Higher on Friday

There's little question that the first half of 2022 was brutal for investors, ending with both the S&P 500 (SNPINDEX: ^GSPC) and the Nasdaq Composite Index (NASDAQINDEX: ^IXIC) in bear market territory. Amazon, MercadoLibre, and Roku haven't been immune -- they're down 42%, 66%, and 82%, respectively, from the highs they hit last year.